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Home > QFINANCE Dictionary > Definition of benchmark

Definition of

benchmark

General Management

standard used for measuring performance a point of reference or standard against which to measure performance. Originally used for a set of computer programs to measure the performance of a computer against similar models, benchmark is now used more generally to describe a measure identified in the context of a benchmarking program against which to evaluate an organization's performance in a specific area.

Definitions of ’benchmark’ and meaning of ’benchmark’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’benchmark’ and other financial terms with our online QFINANCE Financial Dictionary.

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